Desktop Metal Launches D2 Tool Steel for Additive Manufacturing with Studio System 2

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Engineers can now produce cold work tools and D2 die parts using a simple two-step metal bond process

BOSTON, December 07, 2021– (COMMERCIAL THREAD) – Desktop Metal (NYSE: DM) today announced that it has qualified D2 Tool Steel for the Studio System â„¢ 2, an accessible metal 3D printing platform that provides customers with the easiest way to ” print high-performance metal parts in small volumes for production and end-use applications. Desktop Metal is the first company to offer the material in a two-step metal additive manufacturing process, allowing customers to take advantage of a simple, almost hands-free process to produce parts for high-strength D2 applications such as cold metal forming tools, dies, punches and injection molds with compliant cooling channels.

This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20211207005658/en/

Overhead cam cutting tools are one of the stamping dies that fabricate chassis components on high volume vehicle manufacturing lines. D2 tool steel is a key material for this application due to its high hardness and excellent wear resistance, properties essential for stamping applications where the tool is subjected to repeated impact during forming. . (Photo: Business Wire)

D2 is a high carbon, high chromium, multi-purpose tool steel characterized by its high hardness and compressive strength after heat treatment. This tool steel offers extremely high wear resistance properties, dimensional stability and corrosion resistance in the hardened state, a key advantage for conformal cooling applications. D2 is used for a wide variety of cold work tools that require a combination of wear resistance and moderate toughness, such as forming and sizing tool elements, die cutting and forming, shear cutting tools, gauges, burnishing tools and other wearing parts.

“D2 tool steel has always been a difficult and expensive material to work with,†said Jonah Myerberg, co-founder and CTO of Desktop Metal. “With this material now available on the Studio System 2, we have streamlined the production of D2 parts into two simple steps for improved price and accessibility. We are delighted that we can offer our customers this new material with higher hardness after heat treatment. than all other Studio System materials qualified to date, unlocking new applications that require tooling material grade strength. “

With the Studio System 2, D2 tool steel parts exhibit excellent mechanical properties on a more accessible platform than older powder bed fusion 3D printing alternatives. An example of a key use case includes:

Overhead cam cutting tools are one of the stamping dies that fabricate chassis components on high volume vehicle manufacturing lines. D2 tool steel is a key material for this application due to its high hardness and excellent wear resistance, properties essential for stamping applications where the tool is subjected to repeated impact during forming. . Stamping tools like these are produced in low volumes, traditionally using advanced machining techniques and slow feed rates due to the high hardness of the material. With the Studio System 2, businesses can now print these tools in D2 at low volume and at a lower cost while reducing complex machining operations, CNC mounting setups and CNC tool wear.

“Egar Tool and Die is a rapidly growing automotive stamping die, production stamping and welded assembly manufacturing company and we have been eagerly awaiting the launch of D2 for our two Studio systems,†said Colin Kools, director of additive manufacturing at Egar Tool and Mourir. “The release of this material will serve to push our tooling design to new heights and give us the essential material properties and hardness needed for our die components.”

The Studio System 2 – Metal 3D printing suitable for the office

The Studio System 2 is a user-friendly metal additive manufacturing system that uses Desktop Metal’s proprietary Bound Metal Deposition â„¢ (BMD) technology to produce parts. The simple two-step process – allowing parts to be transferred directly from the printer to the oven – provides a nearly hands-free experience, while eliminating loose powders and dangerous lasers commonly associated with metal 3D printing. Comprised of a printer and an oven, the Studio System 2 simplifies in-house low volume production of a wide range of complex geometries with exceptional surface finish and high performance mechanical properties.

In addition to the D2, the Studio System 2 is compatible with Ti64 and 316L stainless steel, as well as all materials previously supported by the Studio System, including 17-4PH stainless steel, low-grade steel alloy 4140, tool steel H13 and copper. A large portfolio of additional materials that take advantage of Studio System 2’s streamlined two-step process are under active R&D with new versions slated for deployment this year.

To learn more about the Studio System 2 and applications for D2, visit www.desktopmetal.com.

About Desktop Metal

Desktop Metal, Inc., based in Burlington, Mass., Is accelerating manufacturing transformation with a broad portfolio of 3D printing solutions, from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy and robotics, the company addresses unmet challenges of speed, cost and quality to make additive manufacturing a vital tool for engineers and manufacturers. of the whole world. Desktop Metal was selected as one of the World’s 30 Most Promising Technology Pioneers by the World Economic Forum, named to MIT Technology Review’s 50 Smartest Companies list and winner of the 2021 Fast Company’s Innovation by Design Award in the materials and Next Big Things from Fast Company. in Tech Award for sustainability. For more information visit www.desktopmetal.com.

Forward-looking statements

This press release contains certain forward-looking statements within the meaning of federal securities laws. Forward-looking statements are generally identified by the words “believeâ€, “planâ€, “expectâ€, “anticipateâ€, “estimateâ€, “intendâ€, “strategyâ€, “futureâ€, “opportunityâ€, “Planâ€, “mayâ€, “shouldâ€, “willâ€, “wouldâ€, “willâ€, “continueâ€, “will probably result†and similar expressions. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. There are many factors that could cause actual future events to differ materially from forward-looking statements contained herein, including, but not limited to, the risks and uncertainties set forth in documents filed by Desktop Metal, Inc. with the United States Securities and Exchange Commission. These documents identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Desktop Metal, Inc. assumes no obligation and does not intend to update or revise any forward-looking statements, either as a result. new information, future events or otherwise. .

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211207005658/en/

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(203) 313-4228

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